Latest news
Solvency fears at RBG suspends trading in shares
RBG Holdings – the AIM-listed owner of London law firms Rosenblatt and Memery Crystal – has suspended trading in its shares amid worries about its solvency.
SRA can keep disciplinary decisions online for longer
The Legal Services Board has approved plans by the SRA to change its publication policy and keep details of misconduct on its website for longer.
Solicitors “letting down” women subjected to economic abuse
Lawyers giving independent legal advice in cases of potential economic abuse of women are helping the abusers more than their clients, new research has suggested.
Court orders law firm to pay costs for “improper” conduct of case
The Family Court has ordered a law firm to pay 35% of a father’s costs for its “improper, unreasonable and negligent acts”, with their client ordered to pay the rest.
Ban for trainee who misled employer over reason for day off
A trainee solicitor who misled her employer over why she wanted a day off work, seemingly to hide the fact that she was in court over planning breaches, has been banned from the profession.
Solicitor cleared of AML offences he had admitted to
The SDT has taken the unusual step of rejecting a solicitor’s admissions that he should have done more due diligence on £24m paid into his firm’s client account.
KC applications up as succees rate continues to fall
The appointments of 105 new King’s Counsel were announced on Friday after the highest number of applications for 16 years – but the success rate continues to fall.
MoJ mulls relaxing limits on remote advice for legal aid clients
The government is considering relaxing rules that control the amount of remote client consultations civil legal aid providers can offer, as well as their office opening times.
Barrister fined for call declaration omissions “had told Lincoln’s Inn”
The lawyer heavily fined for failing to declare adverse findings about himself when applying to be called to the Bar said he had already done so when joining Lincoln’s Inn.
Mastercard backs Merricks with £10m for litigation funder dispute
Mastercard will back the man suing it, Walter Merricks, in his dispute with his litigation funder over its proposed settlement with him, which the funder opposes – to the tune of £10m.
Blog
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
Recruitment, retention and reward in the legal accounts world
Understanding the legal finance market is important – not just for those actively involved in it day-to-day but also for leaders within law firms.
